Wednesday, February 29, 2012

Wealthy Mentality

Interesting research on the psychology of wealth. The study itself is interesting. They show that unethical behavior such as lying in negotiations is much more likely if one is wealthy or even imagining what it would be like to be wealthy. The researchers attribute this difference to a lack of empathy. I also feel like there is a change in self-identity, though, in terms of feeling more defined by how much one makes.